Priority Projects
Breakdown of the Priority Projects for the N50 Billion Endowment Funds
| S/No | Priorities | Budget N(billion) | Justifications |
|---|---|---|---|
| PRIORITY 1: Transcript and Innovation Hubs to Mark 50th Anniversary | |||
| 1 | Transcript Hub | N1.5b | To ensure ONE-STOP transcript systems that are constantly responsive to emerging trends and timely delivery. |
| 2 | Innovation Hub | N4.0b | To develop an iconic project as a mark of the 50th anniversary, making our products become industry leaders. |
| PRIORITY 2: Improvement in Learning Environment and Welfare | |||
| 3 | Solar Farm | N5.0b | To be self-sufficient in energy generation and contribute to the national grid. (The current recurrent bill on power is N2.832 billion). |
| 4 | Expansion of water supply | N2.0b | Upgrade the water supply system to meet the increasing population and demand for water on the campuses. |
| 5 | Upgrade teaching & learning infrastructure and expand internet | N10.0b | Upgrade, renovate, and equip learning facilities across faculties and expand internet infrastructure (fiber optics, NOC upgrades, e-boards). |
| 6 | Improvement in transport systems | N3.0b | Road works, bus stops with facilities, six buses, and electronic ticketing systems. Start layout for campus TRAMP (rail) system. |
| PRIORITY 3: Excellence in Research and National Development | |||
| 7 | Upgrade of Laboratories | N16.0b | Upgrade labs and facilities for each faculty to ensure global competitiveness. |
| 8 | STEM cell, biotech & nanotech complex | N5.0b | Specialized labs for advanced biomedical research (tissue regeneration, biotech in food & health). Will place UNILORIN at forefront of innovation. |
| 9 | Operational cost | N3.5b | Operational funding for sustainability of new and ongoing projects. |
| TOTAL | N50 Billion | ||
Breakdown of the Priority Projects for the N50 Billion Endowment Funds
| S/N | Priorities | Budget | Justifications |
|---|---|---|---|
| PRIORITY 1: Transcript and Innovation Hubs to Mark 50th Anniversary | |||
| 1 | Transcript Hub | N1.5b | To ensure ONE-STOP transcript systems that are constantly responsive to emerging trends and timely delivery. |
| 2 | Innovation Hub | N4.0b | To develop an iconic project as a mark of the 50th anniversary, making our products become industry leaders. |
| PRIORITY 2: Improvement in Learning Environment and Welfare | |||
| 3 | Solar Farm | N5.0b | To be self-sufficient in energy generation and contribute to the national grid. (The current recurrent bill on power is N2.832 billion). |
| 4 | Expansion of water supply | N2.0b | Upgrade the water supply system to meet the increasing population and demand for water on the campuses. |
| 5 | Upgrade teaching & learning infrastructure and expand internet | N10.0b | Upgrade, renovate, and equip learning facilities across faculties and expand internet infrastructure (fiber optics, NOC upgrades, e-boards). |
| 6 | Improvement in transport systems | N3.0b | Road works, bus stops with facilities, six buses, and electronic ticketing systems. Start layout for campus TRAMP (rail) system. |
| PRIORITY 3: Excellence in Research and National Development | |||
| 7 | Upgrade of Laboratories | N16.0b | Upgrade labs and facilities for each faculty to ensure global competitiveness. |
| 8 | STEM cell, biotech & nanotech complex | N5.0b | Specialized labs for advanced biomedical research (tissue regeneration, biotech in food & health). Will place UNILORIN at forefront of innovation. |
| 9 | Operational cost | N3.5b | Operational funding for sustainability of new and ongoing projects. |
| TOTAL | N50 Billion | ||